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Unread 03-05-06, 01:03 PM
Frank Benvin's Avatar
Frank Benvin Frank Benvin is offline
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Join Date: Apr 2002
Location: CYCD
Posts: 334
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Insurance -Is it worth it

How many insurance claims have you had????

Dad & I have owned 3- 337'bs and one P337G since 1978 - 28Yrs

Never had a claim. We have only carried hull insurance for about 8 of those years due to the fact that two of my friends were flying the aircraft and could not afford to pay if they damaged the aircraft. We self insure now. I pay $1000.00 a year for liability ( $ 2,000,000.00 combined liability with three passenger seats covered) thru COPA which insures the pilot. I can fly any aircraft that I am licenced for and have liability coverage. We have two skymasters now and I am covered to fly them both. If I buy another aircraft I am covered

Frank
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